At December 31, , Corporation has cash of million, accounts receivable of million, and long-term assets of million. The company owes accounts payable of million and has a long-term note payable of million. has common stock of million and retained earnings of million. Prepare Corporation's balance sheet at December 31, , complete with its proper heading.

Balance Sheet December 31

Assets

Cash                              $1,000,000

Accounts Receivable   $1,000,000

Long-term assets         $1,000,000

Total Assets                 $3,000,000

Liabilities

Accounts Payable        $1,000,000

Long-term note            $1,000,000

Total Liabilities             $2,000,000

Stockholder's Equity

Common Stock             $1,000,000

Retained Earnings        $1,000,000

Total Stockholder's Equity $2,000,000

answer; i believe that the correct answer is (supply chain);

there was no passage listed but using the process of elimination i'd say it was d. the high economy would do the opposite. i don't see how low prices would affect it. high unemployment is possible but i feel d is the better answer.